The Meat & Poultry market in Malaysia, valued at over MYR 20 billion in 2023, is set to grow at a 5% CAGR. This growth is primarily driven by population growth, urbanization shifting consumer lifestyles and the burgeoning impact of e-commerce.
Malaysia’s market segments include chicken, accounting for over 50% market share, beef with over 20%, pork at over 15%, and the remaining 15% constituting other meat & poultry products like mutton and lamb.
In Southeast Asia, the market, valued at over USD 50 billion, is expected to grow over 6% CAGR. Factors driving this market include the same influences seen in Malaysia. It comprises categories such as chicken, beef, pork and other meat & poultry products. While large multinational companies dominate, the market is seeing an increasing presence of local companies.
Embrace the evolving landscape of the meat & poultry market! Explore the burgeoning opportunities and capitalize on the anticipated growth across Malaysia and Southeast Asia. Take advantage of the shifting trends, understand consumer preferences, and innovate your offerings to meet the evolving demands of this dynamic market.
- Euromonitor International, Malaysia Meat & Poultry Market Report, 2023: https://www.indexbox.io/store/malaysia-poultry-market-analysis-forecast-size-trends-and-insights/
- Mordor Intelligence, Malaysia Meat & Poultry Market Report, 2023: https://www.indexbox.io/store/malaysia-poultry-market-analysis-forecast-size-trends-and-insights/
- Research and Markets, Malaysia Meat & Poultry Market Report, 2023: https://www.indexbox.io/store/malaysia-poultry-market-analysis-forecast-size-trends-and-insights/
- Euromonitor International, Southeast Asia Meat & Poultry Market Report, 2023: https://www.researchandmarkets.com/report/poultry
- Mordor Intelligence, Southeast Asia Meat & Poultry Market Report, 2023: https://www.prnewswire.com/news-releases/southeast-asia-feed-industry-report-2023-2032-developments-supply-analysis-demand-analysis-import-and-exports-covid-19-impacts-301768888.html
- Research and Markets, Southeast Asia Meat & Poultry Market Report, 2023: https://apps.fas.usda.gov/psdonline/circulars/livestock_poultry.pdf
